Technical Chart Analysis:$MATIC/BTC - Bear & Bull Market Insights
👉 Current #MATIC price: 0.00002163 BTC
👉 65% down from all-time high
👉 $MATIC forming Bull Flag in BTC Pair on weekly chart, suggesting bullish potential. However, market sentiment leans towards no upward movement for MATIC.
👉 Bull Flag support: 0.00002100 BTC
👉 Break below support confirms strong bearishness toward 0.00000600 BTC ( 60% Down )
👉Target after breakdown: 0.00000600 BTC
👉Represents 60-70% decline from current level
👉Never trade blindly! Confirmations are key.
👉Worst-case scenario: If support holds at 0.00002100 BTC, potential bounce to 0.000036 BTC or 0.000057 BTC before downward leg.
👉Key Levels:
Support: 0.000021/0.000006 BTC
Resistance: 0.000036/0.000060 BTC
$SOL $LTC
